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Politics · October 27, 2026

FBI raids billionaire's Beverly Hills mansion in connection with Eric Swalwell probe, sources say

15 sources →

On Tuesday morning, the FBI executed a search warrant at a Beverly Hills mansion owned by billionaire developer Stephen Cloobeck as part of an ongoing criminal investigation into former Democratic Representative Eric Swalwell. Swalwell resigned from Congress and dropped out of the California gubernatorial race in April 2026 following multiple allegations of sexual misconduct, including an accusation of rape by a former staffer, all of which he has denied. FBI officials confirmed they were conducting an operation in the Los Angeles region but stated that court documents are sealed and no arrests were immediately planned. Cloobeck, a prominent donor who reportedly hosted Swalwell toward the end of his campaign, was not home during the search.

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Reported across the spectrum

  • The FBI raided a Beverly Hills mansion on Tuesday morning.
  • The raid is connected to a criminal investigation into former Representative Eric Swalwell.
  • The searched property is owned by billionaire Stephen Cloobeck.
  • Eric Swalwell resigned from Congress and his gubernatorial campaign in April.
  • Swalwell has denied the allegations of sexual misconduct against him.

Reported by only some outlets

  • Some outlets reported the raid began around 6:00 a.m. local time.
  • Fox News reported that several people were briefly handcuffed and released during the operation.
  • The Daily Caller noted that the FBI previously seized Swalwell's electronics at an airport and searched his D.C. home.
  • The Guardian and CNN identified Cloobeck as a wealthy developer and donor to Swalwell.
  • Fox News reported that at least two dozen agents participated in the search.
  • Fox News claimed the raid was specifically linked to a sex worker connected to the investigation.
  • Raw Story mentioned that Cloobeck 'turned on' Swalwell.

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